Paycom PLUMMETS Because Of...a Great New Product? | $PAYC Q3 2023 Earnings Analysis

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[@user-td5np]

The ceo managed to dodge all questions from the analysts. FYI: Beti was there since 2021 Since the Earnings call was not very transparent, I would assume the worst. They are either killed by the competition, losing existing customers because of high interest rates and bankruptcies, struggling to compete upmarket with workday

[@brianwest7344]

If they cant compete with workday they are in trouble. I have to use workday and it is one of the worst tools I've ever used.

[@jwilliams7734]

Great Analysis! I love how you quantify everything in a easily understood way. I feel they are keeping prices low on BETI over the next year to attract enterprise customers then they will raise prices which will work if this product is sticky (most payroll software is). You don't want to telegraph future price hikes on a earnings call.

[@joefarah]

you know … you do make a good point. When I listened to the conference call and they were asked about future price increases, they dodged that question and answer that poorly and mention that they simply want to do right by their customers but yeah, a conference call is not the place to telegraph future price increases to potential customers.

[@Martin-qm2lg]

Huge news and big move in the stock. But I still like this long term. I think I’ll add.

[@MeBee-fl2ow]

I think you missed the change in strategic positioning. this makes nervous. will they take market share of the others or fail?

[@stoffelbrian]

That is exactly the question you should be asking

[@suveerarora5593]

great analysis thanks am thinking of buying after the dust settles

[@langa1533]

0:17 meme minted🙈

[@FlyoverGroup]

Just doubled my investment in the stock. Thanks for the overview!

[@mr9977]

Thanks for super early review!

[@cassokon]

Was hoping for an AMD analysis

[@Aivern]

why are u crying my man

[@guyredares]

lol

[@armstead13]

his bags are heavy

[@UziGameGP]

40% drop, wasn't it halted?

[@R3tr0v1ru5]

Halting doesn't do anything.

[@ahsanawan765]

Is Paycom same as PayPal ?

[@SkandalRadar]

no

[@michaelpescatore4354]

LOL

[@gyydo1]

Couldn't mangement saw this coming?

[@user-qt9hd3qz1b]

I am dieing… I am down 180000k what should I do

[@joefarah]

Not overweight a stock or go all in on it

[@daniell6303]

Forget about that money for the next 8 years. At least you get some div

[@guyredares]

man the last few years since you created this channel you got massacred

[@thelifeofpablo6626]

That happens when you say „valuation doesn’t matter“

[@guyredares]

@thelifeofpablo6626 of course it doesn't when you want to sell courses and books

[@JordanReee]

Lol good luck with this company 😂 this is why you wont hold through earnings, especially not in a market like this.